Positive Aspects:
1. Erwin is located in the beautiful Finger Lakes region of New York, providing plenty of outdoor recreational activities for residents to enjoy.
2. Erwin is home to several local businesses and restaurants, giving residents plenty of options for shopping and dining.

Negative Aspect:
Erwin is a small town, which can make it difficult to find job opportunities and other resources that may be available in larger cities.

Here are some general pros and cons of homeownership in the town of Erwin, New York that you can consider:

Pros of Homeownership in Erwin, New York:

1. Potential for home value appreciation over time.
2. Sense of stability and permanence.
3. Ability to customize and improve your own property.
4. Tax deductions for mortgage interest and property taxes.
5. Pride of ownership.

Cons of Homeownership in Erwin, New York:

1. Potential for home value depreciation over time.
2. Cost of repairs and maintenance.
3. Limited flexibility to move for job or lifestyle changes.
4. Responsibility for property taxes and insurance.
5. Large down payment required for mortgage loan.

It's important to note that these pros and cons are general considerations, and the specifics of individual home ownership situations may vary depending on such factors as the condition of the property, the mortgage rate, and the local economy.